Generation Furniture Company manufactures and sells oak tables and chairs. Price and cost data for the furniture follow: E (Click the icon to view the price and cost data.) Generation Furniture has three sales representatives: Avery, Ben, and Crystal. Avery sold 70 tables with 6 chairs each. Ben sold 110 tables with 4 chairs each. Crystal sold 100 tables with 8 chairs each. Read the requirements. Requirement 1. Calculate the total contribution margin and the contribution margin ratio for each sales representative (round to two decimal places). Before calculating the total contribution margin, begin by identifying and calculating the total number of tables and chairs sold by each sales representative for the period. Sales representative: Tables sold Chairs per table Total chairs sold 420 Avery 70 6 Ben 110 4 440 Crystal 100 8 800 Calculate the total contribution margin for each sales representative. Sales representative: Avery Ben Net sales revenue 77,000 $ 99,000 $ Variable costs Contribution margin Crystal 130,000 Data Table Tables Chairs Sales Price $ 500 $ 100 370 14 Variable manufacturing costs Sales commission (6%) 30 6 1. Calculate the total contribution margin and the contribution margin ratio for each sales representative (round to two decimal places). 2. Which sales representative has the highest contribution margin ratio? Explain why